Marcos open to buying Russian fuel, proposes new Myanmar approach
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MANILA – Philippine President Ferdinand Marcos Jr on Wednesday said his nation may need to turn to Russia to fulfil its fuel…
WTO warns ‘darkened’ trade outlook could deteriorate further
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REUTERS GENEVA — The World Trade Organization (WTO) forecast a slowdown of global trade growth next year as sharply higher energy and…
Unemployment rate inches up to 5.3% in Aug.
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The ranks of jobless Filipinos went up 79,000 month on month in August, bringing the total unemployed that month to 2.681 million,…
Inflation zooms to 6.9% in Sept.
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A jeepney driver shows peso bills in this file photo. Commuters began paying higher public transport fares on Monday. — PHILIPPINE STAR/…
PHL launches dollar bond offering
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REUTERS THE PHILIPPINES returned to the global bond market again this year via a three-tranche, US dollar-denominated bond offering. This is the…
PHL banks’ NPL ratio falls to 23-month low
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PHILIPPINE STAR/ MICHAEL VARCAS By Keisha B. Ta-asan SOURED LOANS held by banks fell for a sixth straight month in August, bringing…
Customs exceeds collection target for 9th straight month
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Agents from the Bureau of Customs – Customs Intelligence and Investigation Service inspected a sugar warehouse in Quezon City, Aug. 23. —…
SMC studies legal options after rate hike denial
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SMC Global Power Corp. said it would explore other legal remedies to continue supplying power after the decision of the Energy Regulatory…
North Star seeks foreign investors after deferred IPO
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NORTH Star Meat Merchants, Inc. is eyeing foreign and private equity investors after it deferred its initial public offering (IPO). “We have…
Ayala logistics firm, FLOW set to build data centers
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AYALALAND Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure have agreed to a joint venture that aims to develop and operate carrier-neutral…